HomeMy WebLinkAbout1997-107 Council ResolutionCouncil Member Lyden
adoption:
introduced the following resolutions and moved its
CITY OF LINO LAKE
RESOLUTION NO. 97-107
Resolution Declaring Cost to be Assessed, and Ordering Preparation of Proposed
Assessment, Baldwin Lake Court
WHEREAS, Baldwin Lake Court, is a "contractor improvement" and a contractor for the
construction of improvements was not awarded by the City of Lino Lakes and the cots of
the construction is not included in the assessment total, and;
WHEREAS, additional costs outlined in the Development Agreement have been
determined to be $74,071.35 so that the total cost of the improvement to be assessed is
$74,071.35.
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF LINO LAKES,
MINNESOTA:
1. The portion of the cost of such improvement to be paid by the city is hereby declared
to be $0.00 and the portion of the cost be assessed against benefited property owners
is declared to be $74,071.35.
2. Assessments shall be payable in equal annual installments extending over a period of
fifteen years, the first of the installments to be payable on or before the first Monday
in January, 1998, and shall bear interest at the rate of 7 percent per annum from the
date of the adoption of the assessment resolution.
3. The city clerk, with the assistance of the city engineer, shall forthwith calculate the
proper amount to be specially assessed for such improvement against every assessable
lot, piece or parcel of land within the district affected, without regard to cash
valuation, as provided by law, and he shall file a copy of such proposed assessment in
his office for public inspection.
4. The clerk shall upon the completion of such propose assessment , notify the council
thereof.
Adopted by the council this 25th day of August, 19"7.
Q-77.26 6,14
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�..- Marilyn Anderson, Clerk/Treasurer
/1 1.
Landers, Mayor
The motion for adoption of the foregoing resolution was duly seconded by Council
Member Bergeson and upon vote being taken thereon, the following voted in
favor thereof: Bergeson, Kuether, Lyden, Neal, Landers.
The following voted against same: none.
Whereupon said solution was declared passed and adopted.
CERTIFICATION
I hereby certify that the above is a correct copy of a resolution duly passed, adopted and
approved by the City Council on August 25, 1997.
Marilyn Anderson, Clerk -Treasurer